Here is the ETF Professor's ETF Watch List for Tuesday January 18, 2011.

Let's see if BP (NYSE: BP) can continue to lift the iShares MSCI United Kingdom Index Fund (NYSE: EWU).

On the Steve Jobs news, watch the ProShares UltraShort QQQ (NYSE: QID) and the Technology Select Sector SPDR (NYSE: XLK).

Can the ETFS Physical Palladium Shares (NYSE: PALL) find a way to rebound after a sour end to last week?

Emerging markets plays of the day: WisdomTree India Earnings ETF (NYSE: EPI), Market Vectors Russia ETF (NYSE: RSX) and the iShares/FTSE Xinhua China 25 Index Fund (NYSE: FXI).

Forex play of the day: CurrencyShares Mexican Peso Trust (NYSE: FXM).

Bond play of the day: Direxion Daily 20+ Yr Treasury Bear 3X Shares (NYSE TMV).

This article was originally published on Benzinga, and is republished here with permission.